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Coca-Cola has sold a 40% stake in Hindustan Coca-Cola Beverages to Jubilant Bhartia Group for around ₹10,000 crore. This move aligns with Coca-Cola’s asset-light strategy as India remains its fifth-largest global market.
Global beverage giant Coca-Cola has sold a 40% stake in its Indian bottling business, Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL), to Jubilant Bhartia Group. The deal, estimated to be worth ₹10,000 crore, aligns with Coca-Cola’s global asset-light strategy. This strategic divestment positions Jubilant Bhartia Group as a key player in Coca-Cola's operations in India, its fifth-largest market worldwide.
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Stake Sold: 40%
Buyer: Jubilant Bhartia Group
Estimated Deal Value: ₹10,000 crore
Parent Company: Hindustan Coca-Cola Holdings Pvt Ltd (HCCB’s parent)
Market Impact: India remains Coca-Cola's fifth-largest market globally.
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Coca-Cola’s divestment of bottling operations is part of a broader global strategy to become asset-light. The sale of its stake in HCCBL allows Coca-Cola to focus on its core strengths—brand building and beverage innovation—while leveraging Jubilant Bhartia Group’s diverse expertise to manage bottling operations effectively.
Details | Coca-Cola in India |
Market Rank | Fifth Largest |
Stake Sold | 40% |
Estimated Deal Value | ₹10,000 crore |
Buyer | Jubilant Bhartia Group |
India remains a key growth market for Coca-Cola, contributing significantly to its global revenues. The partnership with Jubilant Bhartia Group is expected to enhance operational efficiency and boost Coca-Cola's market performance. As Coca-Cola realigns its business model, it aims to drive innovation and sustainable growth in the competitive Indian beverage market.
Coca-Cola’s stake sale to Jubilant Bhartia Group represents a significant shift in its India operations, aligning with its global asset-light strategy. The move could bring operational efficiency while enhancing value for stakeholders. Coca Cola share price remains a focus as investors track the long-term impact of this strategic divestment.
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